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Allied Irish Names Interim Chairman

By

Lilly Vitorovich

Updated Oct. 28, 2010 6:19 p.m. ET

LONDON—Allied Irish Banks PLC said Thursday it has appointed former HSBC Holdings PLC executive David Hodgkinson as director and interim executive chairman to lead the troubled Irish lender through its financial turmoil and manage the search for a new chief executive.

Mr. Hodgkinson, whose appointment is subject to regulatory approval, said his "objective is to work closely with all AIB stakeholders to tackle the serious...